Caroline Baum
Fed seems willing to gamble on short-run trade-off
Economists may not see eye to eye on much, but over the years I’ve found a few core concepts on which all but the...
Some parallels, but no guarantees of 1990s success today
“The U.S. economy remains almost comatose. … The current slump already ranks as the longest period of sustained weakness since the Great Depression. …...
No yield curve inversion means double dip recession not in the...
There have been whispers, or maybe it’s just wishful thinking, that the Federal Reserve might buy more long-term bonds, lowering interest rates and making...
Sub-prime rescue plan has look of a real nightmare
If you’re like me, you’ve spent the last few days sorting through the sketchy outline of the U.S. Treasury’s sub-prime rescue plan and mulling...
Don’t blame the messengers for hokum in Nasdaq
NEW YORK -- It's blame-game time.
You may have noticed a slew of articles recently aimed at deconstructing the Nasdaq bubble -- all with the...
Debt reduction held no panacea for Social Security
NEW YORK -- The 1990s mantra of debt reduction is being oversold as a solution to Social Security when it's really nothing of the...